Northline Markets · Government bonds

Euro area 2-year government bond yield (AAA)

The ECB's estimated yield on 2-year euro-area central-government bonds rated AAA.

Latest value2.96%percent
Observation date2026-11-05
Change, 1 year+1.00 ptsfrom 1.95% on 2025-11-05
Change, 5 years+3.73 ptsfrom -0.77% on 2021-11-05

Daily (business days), delayed Observed 2026-11-05 · retrieved 2026-11-07 · Source: European Central Bank · Not a live quote.

History

Euro area 2-year government bond yield (AAA) over time

Daily observations. Use the period buttons to change the range; the table beneath the chart lists the values.

Euro area 2-year government bond yield (AAA)

%.

Chart loads when it comes into view.

Latest values: Euro area 2-year government bond yield (AAA) 2.958 (2026-11-05).

What it measures

What this indicator is and why it is watched

What it measures

The ECB's estimated yield on 2-year euro-area central-government bonds rated AAA.

Why it is watched

A short-maturity euro-area benchmark.

Economic context

How it connects to the wider economy

Context, not a claim of cause.

It is not the yield on German Bunds and not an average of all euro-area members.

Northline describes relationships as documented mechanisms, statistical associations or hypotheses. Nothing on this page states that a movement in this indicator caused a movement in another.

Method and source

How the data are produced

Publisher
European Central Bank
Dataset
ECB YC
Frequency
Daily
Unit
%
Observations
4,304 (long history)
Retrieved
2026-11-07
Series id
gl20_ea_2y

Estimated yield curve (Svensson), ECB Data Portal; daily.

Source: ECB statistics (Financial market data - yield curve), series YC/B.U2.EUR.4F.G_N_A.SV_C_YM.SR_2Y. Data unmodified; retrieved 2026-11-07 through the ECB Data Portal API.

Licence conditions: see source terms: https://www.ecb.europa.eu/stats/ecb_statistics/governance_and_quality_framework/html/usage_policy.en.html; attribution required; the provider’s terms do not address automated retrieval; Northline has not yet asked the provider to confirm it.

Missing observations are left missing and are never interpolated. Statistical agencies can revise published values; the observation date and retrieval date above identify the version shown. Methodology and sources.

Investigate

Take it into Intelligence Studio

Add this indicator to a workspace with related series and the recorded relationships.

In Studio, the Scenarios tab can ask a what-if question about this indicator. Scenario Intelligence applies its usual checks: when there is too little history, the series are not comparable or the relationship is not stable, it reports “not enough evidence” rather than a number.